The lack of positive support ,silicon prices fell

This week, ferrosilicon futures continued to fall, the steel recruitment in November basically ended, the market trading atmosphere is general, wait-and-see mood is strong. The key changes are little, and the cost of ferrosilicon is still supported. This week, the factories in the production area are still repaired and resumed production, and the supply remains at a relatively high level. This week, the ferrosilicon news surface is the central environmental inspection team stationed in Qinghai and Gansu, as far as the current situation is known, the impact is not large, and individual factories have stopped furnace maintenance. In the case of continued decline in futures, some just need customers to turn to the disk to receive goods, most of them show a wait-and-see attitude, cautious operation, and low willingness to stockpile goods. Currently trading at 72#1210$, 75#1290$/ ton, down slightly from last week. Next week into the end of the month, pay attention to changes in factory starts, is expected to maintain weak spot stability. If the market wants to improve, it is necessary to pay attention to whether there will be a significant reduction in the supply side. For more information about ferrosilicon, please pay attention to Hainan West Asia Import and Export